Cognizant Technology Solutions (CTSH) executive Kerdman sold 146 shares for $8,236 at $56.41 under a 10b5-1 plan
Insider transactions reported
Alina Kerdman (SVP, Controller & CAO at Cognizant Technology Solutions Corporation, CTSH) reported that they sold 146 shares for $8,236 at $56.41, and acquired 619 shares, and gave up 207 shares at $55.76 to cover taxes or an exercise price on Jun 1, 2026. After these transactions the filing shows 989 shares held directly.
- Reporting person
- Kerdman Alina
- Role
- SVP, Controller & CAO
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jun 1, 2026 | Exercise or conversion of a derivative (M) | Class A Common Stock1, 2, 3, ... | +619 | - | - | 1,342 direct |
| Jun 1, 2026 | Shares withheld for taxes or exercise price (F) | Class A Common Stock5 | -207 | $55.76 | $11.5K | 1,135 direct |
| Jun 1, 2026 | Open-market sale (S) | Class A Common Stock6 | -146 | $56.41 | $8,236 | 989 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jun 1, 2026 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 619 Class A Common Stock2, 7, 8, ... | -619 | - | - | 4,484 direct |
Holdings before and after
- Class A Common Stock: 723 to 989 direct
- Restricted Stock Units: 794 to 4,484 direct
Footnotes from the filing
- 1. Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the Company ) received from the vesting of 1/12th of the restricted stock unit ( RSU ) award granted on February 28, 2024.
- 2. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- 3. Shares of Class A Common Stock of the Company received from the vesting of 1/3rd of 1/8th of the RSU award granted on February 28, 2024.
- 4. Shares of Class A Common Stock of the Company received from the vesting of 1/12th of the RSU award granted on February 25, 2026.
- 5. Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- 6. The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2025.
- 7. A total of 2,382 RSUs were originally granted on February 28, 2024 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2024, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2027).
- 8. A total of 331 RSUs were originally granted on February 28, 2024 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2024, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the successive three vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (March 1, 2027).
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Kerdman report in this CTSH Form 4?
Alina Kerdman (SVP, Controller & CAO at Cognizant Technology Solutions Corporation, CTSH) reported that they sold 146 shares for $8,236 at $56.41, and acquired 619 shares, and gave up 207 shares at $55.76 to cover taxes or an exercise price on Jun 1, 2026. After these transactions the filing shows 989 shares held directly.
How many CTSH shares does Kerdman hold after this filing?
The filing shows 989 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this CTSH insider sale made under a 10b5-1 plan?
The filing's footnotes mention a Rule 10b5-1 trading plan. Such a plan sets the terms of future trades in advance.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for CTSH
Across the 24 sessions after earlier CTSH headlines, the stock closed higher 13 times and lower 11 times, with a median move of 2.0% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | CTSH | SPY |
|---|---|---|---|
| Jun 3, 2026 | Cognizant Accelerates Enterprise AI Adoption with Snowflake's Cortex-Powered Intelligent Agentsand 1 other headline that session | -3.0% | -0.7% |
| Jun 2, 2026 | Cognizant and CrowdStrike Expand Strategic Alliance to Secure the Agentic Enterprise | -3.5% | +0.1% |
| Jun 1, 2026 | Cognizant Develops Frontier Certified Engineer and Frontier Business Operator Roles to Define the Next Generation of AI-Powered Workand 1 other headline that session | +2.5% | +0.3% |
| May 29, 2026 | Faster decisions, faster care for patients: Cognizant opens TriZetto Unify to AI agentsand 1 other headline that session | +3.5% | +0.2% |
| May 27, 2026 | Travelport, Cognizant and Anthropic Collaborate to Power Travel Technology for the AI Era | +2.6% | -0.0% |
| May 21, 2026 | Cognizant Launches $500 Million Accelerated Share Repurchase | +2.0% | +0.2% |
Earlier insider filings at CTSH
- Jun 3, 2026President - Americas Gummadi Surya converted options into 5,222 shares and covered exercise/tax liability with 2,615 shares, increasing direct ownership by 8% to 36,192 units (SEC Form 4)
- Jun 3, 2026CLO, CAO & Corporate Secretary Kim John Sunshin converted options into 4,400 shares and covered exercise/tax liability with 2,388 shares, increasing direct ownership by 5% to 42,134 units (SEC Form 4)
- May 29, 2026SEC Form 4 filed by Director Branderiz Eric
- May 29, 2026SEC Form 4 filed by Director Velli Joseph M
- May 29, 2026SEC Form 4 filed by Director Silvent Karima
- Market cap
- 30-day
- Sector
- Technology
- Industry
- EDP Services
- Listed since
- 1998
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